Cumulus Media (CMLS) Misses Q3 EPS by 6c
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Cumulus Media (CMLS) Still Buy Rated at Noble Financial Following Q3 Results, Outlook
November 11, 2014 10:35 AM ESTNoble Financial affirms Cumulus Media (Nasdaq: CMLS) at Buy with a price target of $8 following Q3 results and guidance.
Analyst Michael Kupinski noted the following key points:
Third quarter revenues were largely in line with our estimates, which anticipated a soft advertising environmentAdvertising trends... More
